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Tag Archives: appraisals process

New Professional Requirements, Tech Could Improve Appraisals

The real estate appraisal process has long been bemoaned as slow, inefficient, and more advantageous to cash buyers, but according to appraisal experts at a recent panel discussion, there are ways to change that. Among them? Streamlining the process, reevaluating professional requirements, and adopting new technologies. Data shows that the number of licensed appraisers has dropped significantly over the last decade, due to volatility in the industry. Changing up licensing requirements could alleviate this issue.

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